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How to buy Texas Pacific Land Trust stock
Learn how to easily invest in Texas Pacific Land Trust stock.
Texas Pacific Land Trust is an oil & gas e&p business based in the US. Texas Pacific Land Trust shares (TPL) are listed on the NYSE and all prices are listed in US Dollars. Texas Pacific Land Trust employs 92 staff and has a trailing 12-month revenue of around $594.5 million.
How to buy shares in Texas Pacific Land Trust
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – TPL – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
Texas Pacific Land Trust stock price (NYSE: TPL)Use our graph to track the performance of TPL stocks over time.
Texas Pacific Land Trust shares at a glance
|Latest market close||$1,777.70|
|52-week range||$929.69 - $1,895.95|
|50-day moving average||$1,769.16|
|200-day moving average||$1,440.02|
|Wall St. target price||$1,768.50|
|Dividend yield||$11.5 (0.68%)|
|Earnings per share (TTM)||$49.03|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Texas Pacific Land Trust stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Texas Pacific Land Trust price performance over time
|1 week (2022-09-23)||8.38%|
|1 month (2022-09-01)||-0.67%|
|3 months (2022-07-01)||16.42%|
|6 months (2022-03-31)||31.48%|
|1 year (2021-09-27)||30.04%|
|2 years (2020-10-01)||294.87%|
|3 years (2019-10-01)||181.69%|
|5 years (2017-09-29)||339.92%|
Is Texas Pacific Land Trust stock undervalued or overvalued?
Valuing Texas Pacific Land Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Texas Pacific Land Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Texas Pacific Land Trust's P/E ratio
Texas Pacific Land Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 33x. In other words, Texas Pacific Land Trust shares trade at around 33x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Texas Pacific Land Trust's EBITDA
Texas Pacific Land Trust's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $522.1 million.
The EBITDA is a measure of a Texas Pacific Land Trust's overall financial performance and is widely used to measure a its profitability.
Texas Pacific Land Trust financials
|Revenue TTM||$594.5 million|
|Operating margin TTM||84.99%|
|Gross profit TTM||$437.7 million|
|Return on assets TTM||45.16%|
|Return on equity TTM||63.68%|
|Market capitalisation||$12.6 billion|
TTM: trailing 12 months
Texas Pacific Land Trust share dividends
Dividend payout ratio: 64.74% of net profits
Recently Texas Pacific Land Trust has paid out, on average, around 64.74% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.68% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Texas Pacific Land Trust shareholders could enjoy a 0.68% return on their shares, in the form of dividend payments. In Texas Pacific Land Trust's case, that would currently equate to about $11.5 per share.
Texas Pacific Land Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Texas Pacific Land Trust's most recent dividend payout was on 14 September 2022. The latest dividend was paid out to all shareholders who bought their shares by 6 September 2022 (the "ex-dividend date").
Have Texas Pacific Land Trust's shares ever split?
Texas Pacific Land Trust's shares were split on a 5:1 basis on 12 July 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Texas Pacific Land Trust shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for Texas Pacific Land Trust shares which in turn could have impacted Texas Pacific Land Trust's share price.
Texas Pacific Land Trust share price volatility
Over the last 12 months, Texas Pacific Land Trust's shares have ranged in value from as little as $929.6906 up to $1895.9457. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Texas Pacific Land Trust's is 2.016. This would suggest that Texas Pacific Land Trust's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Texas Pacific Land Trust overview
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also holds royalties for water sourced from its land.
Texas Pacific Land Trust in the news
Will Texas Pacific Land Corporation (TPL) Continue to Grow at a Rapid Pace?
RiverPark Fund’s Top Q2 Performer: Texas Pacific Land (TPL)
Texas Pacific Land Corporation's (NYSE:TPL) institutional investors lost 5.8% over the past week but have profited from longer-term gains
Frequently asked questionsWhat percentage of Texas Pacific Land Trust is owned by insiders or institutions?
Currently 2.155% of Texas Pacific Land Trust shares are held by insiders and 58.044% by institutions. How many people work for Texas Pacific Land Trust?
Latest data suggests 92 work at Texas Pacific Land Trust. When does the fiscal year end for Texas Pacific Land Trust?
Texas Pacific Land Trust's fiscal year ends in December. Where is Texas Pacific Land Trust based?
Texas Pacific Land Trust's address is: 1700 Pacific Avenue, Dallas, TX, United States, 75201 What is Texas Pacific Land Trust's ISIN number?
Texas Pacific Land Trust's international securities identification number is: US88262P1021 What is Texas Pacific Land Trust's CUSIP number?
Texas Pacific Land Trust's Committee on Uniform Securities Identification Procedures number is: 882610108
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